Mr. Reitz continued, "At Titan, an intense focus on our customers and end users defines everything we do. In turbulent times such as these, that customer focus is the anchor that keeps our team grounded. Constantly evolving trade policies are presenting challenges, especially when it comes to longer-term capital planning for OEMs. We are in an enviable position, with quality manufacturing assets strategically located in the key markets we serve. That ability to geographically match production with sales is ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended: March 31, 2025 or TITAN INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 1525 Kautz Road, Suite 600, West Chicago, IL (Address of principal executive offices) 36-3228472 (I.R.S. Employer Identification No.) ☐ T ...

Q1 Revenues and Adjusted EBITDA at Higher End of Guidance RangeCompany Uniquely Positioned to Benefit from Current Trade Policy in the Long-TermWEST CHICAGO, Ill., April 30, 2025 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported financial results for the first quarter ended March 31, 2025.Paul Reitz, President and Chief Executive Officer stated, "There are no oth ...

WEST CHICAGO, Ill., April 30, 2025 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products announced today the expansion of production rights for the Goodyear brand across the light construction/industrial, ATV, lawn and garden, and golf tires segments. Additionally, Titan is excited to announce the renewal of its Goodyear Farm Tires licensing rights in the farm tires segment, demonst ...

Core Viewpoint - Titan International, Inc. is set to release its first quarter 2025 financial results on April 30, 2025, followed by a teleconference and webcast on May 1, 2025 [1] Company Information - Titan International, Inc. (NYSE: TWI) is a prominent global manufacturer specializing in off-highway wheels, tires, assemblies, and undercarriage products [3] - The company is headquartered in West Chicago, Illinois, and produces a wide range of products for original equipment manufacturers (OEMs) and aftermarket customers across agricultural, earthmoving/construction, and consumer markets [3]

Core Insights - Titan International, Inc. emphasizes its extensive domestic manufacturing capabilities and skilled workforce as a significant advantage in adapting to new tariff policies [1][2] - The company has a strong position in the market, being the only domestic producer with such extensive production capabilities, which allows it to better serve customers amid global economic uncertainties [2] Company Overview - Titan International, Inc. is a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, headquartered in West Chicago, Illinois [5] - The company produces a wide range of products for original equipment manufacturers (OEMs) and aftermarket customers in agricultural, construction, and consumer markets [5]

WEST CHICAGO, Ill., March 14, 2025 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today announced that management will participate in the upcoming Sidoti Small Cap Virtual Conference. Paul Reitz, CEO, will participate in a fireside chat and 1 on 1 investor meetings. The live presentation of the fireside chat will take place at 4:00 PM ET on Wednesday, March 19, 2025 and can ...

Financial Performance - Titan International (TWI) experienced a significant decline in share price, closing down 9.3% on February 27th following the announcement of its financial results [1] Investment Focus - Crude Value Insights emphasizes an investment service and community centered on oil and natural gas, focusing on cash flow and companies that generate it, which leads to value and growth prospects with real potential [1]

INVESTOR PRESENTATION – FEBRUARY 2025 NYSE: TWI Forward-Looking Statements & Non-GAAP Metrics Forward-Looking Statements The accompanying material includes forward-looking comments and information concerning the company's expectations and objectives for the future. Readers of this material should understand that these forward-looking statements are based on the Company's expectations and subject to a number of risks and uncertainties, certain of which are beyond the Company's control. Actual results may dif ...

Financial Data and Key Metrics Changes - Revenues in Q4 2024 were $384 million with adjusted EBITDA of $9 million and gross margin at almost 11% [31][32] - Full-year gross margins for 2024 were approximately 14.6%, compared to 9% during the last cyclical low in 2019 [32] - Net debt at quarter-end was $369 million, representing 2.9 times trailing twelve-month adjusted EBITDA [37] Business Line Data and Key Metrics Changes - Agricultural segment gross margins were 9%, EMC margins around 6%, and consumer gross margins were 18%, with the consumer segment being the most profitable due to higher margin aftermarket business [34] - Aftermarket business accounted for more than 60% of sales in the consumer segment, indicating a steady performance through the downturn [34][20] Market Data and Key Metrics Changes - Recent corn prices have risen over 15% year-over-year, reaching levels above $5 per bushel, positively impacting farm income [13] - Brazil is showing increasing demand in both OE and aftermarket channels, with expectations for a strong recovery in the agricultural market [14][15] Company Strategy and Development Direction - The company is focused on expanding its aftermarket offerings across all segments and enhancing customer relationships through a one-stop-shop strategy [17][18] - Innovation in new products remains a cornerstone of the company's value proposition, with ongoing investments in R&D [35][30] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about a cyclical recovery in the agricultural sector, driven by improved farmer sentiment and government support [11][12] - The company anticipates a sequential improvement in sales for Q1 2025, with guidance ranging from $450 million to $500 million [44] Other Important Information - The company recorded a credit to income tax expense of $26 million related to a pre-tax loss in Q4, resulting in an effective tax rate of 143% for the year [39] - The acquisition of CarlStar has enhanced the company's capabilities and product offerings, contributing to a stronger market position [18][116] Q&A Session Summary Question: Insights on cash flow and working capital needs - Management indicated they will assess working capital needs as they typically see a sequential increase from Q4 to Q1, and they aim to calibrate production to meet growth expectations [48][49] Question: Outlook for earthmoving construction and consumer segments - Management noted that earthmoving construction is stable but facing inventory corrections, while the consumer segment has performed well, particularly in the aftermarket [50][55] Question: Positioning for a potential fast recovery - Management emphasized their preparedness to ramp up production and maintain experienced labor, which is crucial for meeting customer demands [84][86] Question: Impact of tariffs on operations - Management stated that current tariffs are not significantly impacting the business, and they have the flexibility to adjust production locations as needed [40][126] Question: Aftermarket versus OEM business size - The company has increased its aftermarket presence to 45% of sales, with a goal to continue expanding this segment [139][141]